- Bonuses and Promotions
Upward movement of the pair met resistance at area 1.12850. Attempt to reach weekly pivot R1 1.13067 was failed and the pair turned. At the given moment the price is below daily pivot 1.12178, which makes today an area of resistance with a weekly pivot 1.12209. AO indicator is in negative zone below level of balance and line of support/resistance. Assumingly, downward way may continue, in this case target zone will be a range 1.11231-1.11463. Farther reference is a level 1.11019. Upward movement may be limited by area 1.12395-1.12622.
Daily levels of support: 1.11463, 1.11231, 1.11019
Daily levels of resistance: 1.12209, 1.12395, 1.12622
Another attempt of correction was level near weekly pivot R1 1.52374 and we got downside impulse. AO indicator is in negative zone below level of balance and line of support/resistance. Assumingly, downward movement may continue, in this case it would be limited by weekly pivot S1 1.51035. Resistance today consists of a range between weekly pivot 1.51723 and daily pivot 1.51756. A little higher is MA200.
Daily levels of support: 1.51035, 1.50674, 1.50384
Daily levels of resistance: 1.51723, 1.52151, 1.52374
Flat movement of the pair still continues. Trading range today may be an area 119.353-120.743. Watershed is an area of thickening of movings 120.032-120.165. Movement below this range may lead us to weekly pivot S1 118.851. Upside movement may be limited by area 120.743-120.970, above which is a reference point – monthly pivot R1 121.313.
Daily levels of support: 119.943. 119.713, 119.353
Daily levels of resistance: 120.291, 120.743, 120.970